Extracted algorithm research record
Legacy Merlin EA
Automated trend-following system that trades on trend reversals and wraps positions in risk and trade-management layers.
Source & extraction context
Evidence label: backtest_shown (source claim, not independent verification). Recorded completeness: 50.0/100. Neither is a performance result.
Names identify source records. Inclusion is not an endorsement or a claim of authorship, ownership or reuse permission. Check the source license before reusing any implementation.
Extraction warnings
Opacity warnings
- UNDEFINED ENTRY TERM: the entry conditions are prose naming a concept with no numeric definition, so two readers would implement them differently. Advisory only -- this does not affect the score.
Recorded market & execution profile
- Recorded markets
- any
- Recorded timeframes
- M15
- Recorded sessions
- any
- Recorded regime
- trending
Recorded indicators & parameters
| Indicator | Parameters | Applied to |
|---|---|---|
| No indicator stack was recorded. This does not establish a price-action-only strategy. | ||
Extracted strategy rules
Recorded long-entry rules
- trend flips
Recorded short-entry rules
- trend flips
Recorded exit rules
- Break-Even Once a position reaches your chosen profit threshold
- Trailing Stop with Step Follows price at a fixed distance
- Partial Close Optionally bank a chosen % of the position once a profit target in points is reached
Recorded filters
- Spread Filter
- Time / Session Filter
- Daily Risk Limits
- Stop loss
- not explicitly stated
- Take profit
- not explicitly stated
- Position sizing
- Fixed lot — trade a constant volume you define, or Risk-based sizing — the EA calculates lot size automatically from a chosen % of account balance and your Stop Loss distance
Questions about this record
What entry rules are recorded for Legacy Merlin EA?
Long: trend flips Short: trend flips These are unverified extracted rules.
Which markets and timeframes are recorded?
Markets: any. Timeframes: M15. These are source-recorded labels, not verified execution behavior.